Prime Redevelopment Opportunity in Silver Spring, MD
Redevelopment
Once in a generation opportunity to own or participate in the future of this irreplaceable piece of land of 7.03 ± acres within the Kemp Mill Master Plan and University Boulevard Corridor Plan immediately next to Sligo Creek Parkway. Current zoning is R-60, but can potentially be reimagined and enhanced, especially if in alignment to what the Kemp Mill Master Plan University Boulevard Corridor Plan expressed an interest in having. These plans could present a buyer with the opportunity for a rezoning, up-zoning, special exception, etc so long as it aligns with what the master plan calls (linkage between local facilities, and/or a facility that facilitates social cohesion}.
The site is surrounding by forestry but offers favorable and close proximity to public transit (bus lines, metro line – red), equidistant of approximately 31 miles south or east of Baltimore-Washington International Airport and Dulles International Airport respectively, and only 15 miles to Ronald Reagan Washington National Airport.
This property is coming back onto the market with the following changes to the offering: The full site is available. The owner is open to discussing alternative arrangements and deal structures that include remaining on-site as part of a future arrangement.
Principal, Managing Director, Designated Managing Broker-Illinois, Mission Property Group

Redevelopment
7.03± AC
1200 University Blvd W, Silver Spring, MD, USA